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Zero Down Investment Details
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LAS VEGAS NEVADA - ZERO DOWN, ZERO CLOSING, DEVELOPER LEASEBACK CONDO INVESTMENT |
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| Turnkey Zero Money Down Condo Investment in Las Vegas, NV |
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| Incentives |
- Developer Leaseback for 2 or 3 Years
- Zero Down or 5% Down (depending on buyer's credit)
- Zero Closing Costs
- 100% of Property Taxes Paid for 2 or 3 Years
- 100% of HOA Paid for 2 or 3 Years
- 100% of Property Management Paid for 2 or 3 Years
- 100% of Utilities Paid when due for 2 or 3 Years
- 100% Home Warranty Paid for any repairs and replacements
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| Additional Incentive Details |
- Developer enters Assured Rental Master Lease with Buyer and will pay 100% of the expenses for operating, maintaining and leasing the unit during the lease term of 2 or 3 years
- Zero Transfer Taxes
- Zero Points
- Zero Prepayment Penalty
- 100% of Title & Insurance Fees Paid
- 100% of Condo Owners Capital Reserve Paid
- 100% of Mortgage Recording Costs, Tax Stamps & Doc Prep Paid
Your Walk-in Equity is amongst the highest in the market |
| Pricing |
STYLE SQ FT SALES PRICE
3br/2bth 1150 sq ft $270,990 - $303,990
2br/2bth 1024 sq ft $237,990 - $270,990
2br/2bth 938 sq ft $227,990 - $260,990
1br/1bth 775 sq ft $180,990 - $213,990
1br/1bth 700 sq ft $164,990 - $197,990
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| Incentive Details |
| Incentive Details Click Here for Developer Leaseback & Incentives |
| Credit Requirements |
- Closings in 2-3 weeks, Minimum Credit Score: 680
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| Amenities |
Amenities:
- Clubhouse with Great Room, Media Lounge and kitchen
- Resort-style pools and spa
- Private poolside cabanas
- State-of-the-art health and fitness center
- Garages
- Spectacular mountain and strip views
- Business Center
- Convenient freeway access
- Acres of professional landscaping
- Covered parking
- Children's playground
Residences:
- 9' vaulted ceilings throughout
- Garden tub in master bedroom
- Breakfast bar
- Walk-in closets
- Ceiling fans
- Private patio/balcony
- Kitchen pantry
- Storage closet
- Cable-ready
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ADDRESS: Warm Springs Road, Las Vegas, NV 89118
AREA QUALITY LEVEL: A PROPERTY QUALITY LEVEL: A
CONVERSION (DATE) TO CONDOMINIUM: June 2006
BUILDING DESCRIPTION : 22 two story buildings
T0TAL NUMBER OF APTS: 360 SOLD APARTMENTS: 154 +-
APARTMENTS AVAILABLE FOR SALE: 158+-
INDIVIDUAL GARAGES AVAILABLE: YES
APARTMENT CEILING HEIGHT: 8 to 9 feet
APARTMENT FEATURES: All units are sold “as is”. The following appliances are included: stove, refrigerator, dishwasher, microwave, clothes washer & dryer. Patios/balconies are standard and included.
COMMON AREA AMMENITIES: Clubhouse with separate access to a full kitchen and lounge area, 24-hour access fitness center; two swimming pools and one spa with cabanas on the recreation deck for the main pool; children’s playground; individual garages available with specific units; assigned covered parking; easy access to highway
SECURITY: Gated community with special electronic gates, direct communications to individual apartments, perimeter fencing.
INDIVIDUAL APARTMENT DESCRIPTION:
Apt Number Apt
Type Apts sq ft
1BR/1BTH 64 700
1BR/1BTH 64 775
2BR/2BTH 104 938
2BR/2BTH 96 1024
3BR/2BTH 32 1156
TOTALS: 360
SALES PRICE
STYLE SQ FT SALES PRICE
3br/2bth 1150 sq ft $270,990 - $303,990
2br/2bth 1024 sq ft $237,990 - $270,990
2br/2bth 938 sq ft $227,990 - $260,990
1br/1bth 775 sq ft $180,990 - $213,990
1br/1bth 700 sq ft $164,990 - $197,990
- Note: Information provided by Sellers representative
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Las Vegas, Nevada Facts
AREA DEMOGRAPHICS
Las Vegas City, Nevada Statistics and Demographics (US Census 2000)
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Number |
Percent |
Las Vegas Population: |
478434 |
100.00% |
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Sex and Age |
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Male |
243077 |
50.81% |
Female |
235357 |
49.19% |
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Under 5 years |
36900 |
7.71% |
5 to 9 years |
37034 |
7.74% |
10 to 14 years |
32467 |
6.79% |
15 to 19 years |
29033 |
6.07% |
20 to 24 years |
30616 |
6.4% |
25 to 34 years |
77156 |
16.13% |
35 to 44 years |
76139 |
15.91% |
45 to 54 years |
59610 |
12.46% |
55 to 59 years |
23896 |
4.99% |
60 to 64 years |
20286 |
4.24% |
65 to 74 years |
33985 |
7.1% |
75 to 84 years |
17411 |
3.64% |
85 years and over |
3901 |
0.82% |
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Median age (years) |
34.5 |
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18 years and over |
354379 |
74.07% |
Male |
179363 |
37.49% |
Female |
175016 |
36.58% |
21 years and over |
337045 |
70.45% |
62 years and over |
67143 |
14.03% |
65 years and over |
55297 |
11.56% |
Male |
25665 |
5.36% |
Female |
29632 |
6.19% |
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Race |
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One race |
459037 |
95.95% |
White |
334230 |
69.86% |
Black or African American |
49570 |
10.36% |
American Indian and Alaska Native |
3570 |
0.75% |
Asian |
22879 |
4.78% |
Asian indian |
1229 |
0.26% |
Chinese |
2784 |
0.58% |
Filipino |
11182 |
2.34% |
Japanese |
2422 |
0.51% |
Korean |
1571 |
0.33% |
Vietnamese |
946 |
0.2% |
Other Asian |
2745 |
0.57% |
Native Hawaiian and Other Pacific Islander |
2145 |
0.45% |
Native Hawaiian |
956 |
0.2% |
Guamanian or Chamorro |
379 |
0.08% |
Samoan |
403 |
0.08% |
Other Pacific Islander |
407 |
0.09% |
Some other race |
46643 |
9.75% |
Two or more races |
19397 |
4.05% |
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Hispanic or Latino and race |
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Total Population |
478434 |
100.00% |
Hispanic or Latino(of any race) |
112962 |
23.61% |
Mexican |
83490 |
17.45% |
Puerto Rican |
2866 |
0.6% |
Cuban |
3393 |
0.71% |
Other Hispanic or Latino |
23213 |
4.85% |
Not Hispanic or Latino |
365472 |
76.39% |
White alone |
277704 |
58.04% |
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Relationship |
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Total Population |
478434 |
100.00% |
In households |
470249 |
98.29% |
Householder |
176750 |
36.94% |
Spouse |
85359 |
17.84% |
Child |
134304 |
28.07% |
Own child under 18 years |
107802 |
22.53% |
Other relatives |
37450 |
7.83% |
Under 18 years |
12392 |
2.59% |
Nonrelatives |
36386 |
7.61% |
Unmarried partner |
12519 |
2.62% |
In group quarters |
8185 |
1.71% |
Institutionalized population |
5416 |
1.13% |
Non-Institutionalized population |
2769 |
0.58% |
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Households by Type |
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Total Households |
176750 |
100.0 % |
Family households (families) |
117466 |
66.46% |
With own children under 18 years |
56363 |
31.89% |
Married-couple family |
85359 |
48.29% |
With own children under 18 years |
38108 |
21.56% |
Female householder, no husband present |
21637 |
12.24% |
With own children under 18 years |
12946 |
7.32% |
Non Family households |
59284 |
33.54% |
Householder living alone |
44271 |
25.05% |
Householder 65 years and over |
13227 |
7.48% |
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Households with individuals under 18 years |
63050 |
35.67% |
Households with individuals 65 years and over |
40142 |
22.71% |
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Average Household size |
2.66 |
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Average family size |
3.19 |
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Housing Occupancy |
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Total housing units |
190724 |
100.00% |
Occupied housing units |
176750 |
92.67% |
Vacant housing units |
13974 |
7.33% |
For seasonal, recreational, or occasional use |
1793 |
0.94% |
Homeowner vacancy rate (percent) |
2.5 |
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Rental vacancy rate (percent) |
8.4 |
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Housing Tenure |
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Occupied housing units |
176750 |
100.00% |
Owner-occupied housing units. |
104481 |
59.11% |
Renter-occupied housing units. |
72269 |
40.89% |
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Average household size of owner-occupied units |
2.76 |
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Average household size of renter-occupied units |
2.52 |
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Based on 2000 US Census data.
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| THE TOTAL SUM OF THE “INCENTIVES” PROVIDED TO EACH BUYER, INCLUDING PAYMENT OF CLOSINGS COSTS WHERE APPLICABLE AND ALL PAYMENTS TO THE BUYER/LANDLORD UNDER THE TERMS OF THE MASTER LEASE, AS WELL AS ALL BROKERAGE COMMISSIONS PAID BY THE SELLER, ARE APPROXIMATELY THIRTY-THREE (33%) PERCENT OF THE GROSS SALES PRICE (PAID BY THE BUYER) AND ARE RECEIVED BY THE SELLER IN WHOLE OR IN PART AS A CASH DISCOUNT TO HIS PURCHASE PRICE FROM THE ORIGINAL DEVELOPER/SPONSOR |
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| * - NOTICE: Projected financials are NOT a guarantee of future performance. All property specific information conveyed through this website is provided by third-party sources and is believed to be valid, however this company makes no claims to the accuracy of information presented herein. You are advised to refer to state mandated documents provided by the selling party for specific details related to your real estate purchase.
This is not intended to be an offer to sell nor a solicitation of offers to buy real estate for any of the properties listed on this site for residents of states that are not eligible to purchase property in said locations (unless registered or exemptions are available) or in any other jurisdiction where prohibited by law. |
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